Accounting & Economics Double Major?

[Anonymous]

Anonymous wrote:

Anonymous wrote:any recommendation for good colleges for accounting major? Does name recognition matter for internships/jobs? DD is somewhat interested but we are not very familiar with the field, being more geared toward healthcare. Thank you

The best are UT, Notre Dame , UNC, Wake Forest

CPA here- there is a shortage of CPAs, it doesn’t matter where you go to school as long as it is accredited and maintained a GPA of a 3.4 or above. Big 4 firms recruit at many schools, including Towson, Salisbury, JMU

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:any recommendation for good colleges for accounting major? Does name recognition matter for internships/jobs? DD is somewhat interested but we are not very familiar with the field, being more geared toward healthcare. Thank you

The best are UT, Notre Dame , UNC, Wake Forest

CPA here- there is a shortage of CPAs, it doesn’t matter where you go to school as long as it is accredited and maintained a GPA of a 3.4 or above. Big 4 firms recruit at many schools, including Towson, Salisbury, JMU

NP. Question for you. College junior was a finance major with econ minor and just recently added a double major with accounting and dropped econ, in part due to fears of not finding work in finance. Doesn't yet have an internship lined up for next summer. I don't know how he plans to approach this, but I'm assuming he really needs to choose at this point between seeking a finance internship vs an accounting internship?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:any recommendation for good colleges for accounting major? Does name recognition matter for internships/jobs? DD is somewhat interested but we are not very familiar with the field, being more geared toward healthcare. Thank you

The best are UT, Notre Dame , UNC, Wake Forest

CPA here- there is a shortage of CPAs, it doesn’t matter where you go to school as long as it is accredited and maintained a GPA of a 3.4 or above. Big 4 firms recruit at many schools, including Towson, Salisbury, JMU

NP. Question for you. College junior was a finance major with econ minor and just recently added a double major with accounting and dropped econ, in part due to fears of not finding work in finance. Doesn't yet have an internship lined up for next summer. I don't know how he plans to approach this, but I'm assuming he really needs to choose at this point between seeking a finance internship vs an accounting internship?

Does daddy know anyone

He does, but the question wasn't for you, troll.

[Anonymous]

He doesn't need Econ major.

As an aside, it's rare that double majoring provides a meaningful benefit. In fact, sometimes the pursuit of a double major can detract from a college education, as double majors often have to focus on fitting in all the required classes rather than taking others that would be more interesting or beneficial to them.

yes, drop it.

[Anonymous]

Anonymous wrote:
CPA here- there is a shortage of CPAs, it doesn’t matter where you go to school as long as it is accredited and maintained a GPA of a 3.4 or above. Big 4 firms recruit at many schools, including Towson, Salisbury, JMU

+1. Big 4 , regional Accounting firms, corporations and small companies are all having a hard time hiring trained, educated Accountants.
And due to the shortage, salaries across the industry are starting to increase meaningfully.
Kids- major in Accounting! You will always, always have a good job.
-Sr. Accounting, Finance Exec

[Anonymous]

Anonymous wrote:My son is currently a college junior, with a double Accounting and Economics major. He called me this morning asking if he should drop the economics major -- he's currently in a required econ stats class where he's really struggling, and has him rethinking, with a week until he registers for spring classes.

I didn't know what to tell him, I'm an RN! He really likes accounting and is planning to get his CPA while in college, so that's his path. Would an economics major, in addition to accounting, be any value added? I was thinking it might open up other career opportunities for him, but not sure if it's worth it now. Perhaps an MBA down the line would be move valuable.

I appreciate any insight from accounting and economics folks!

Better to do accounting and data analytics.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:any recommendation for good colleges for accounting major? Does name recognition matter for internships/jobs? DD is somewhat interested but we are not very familiar with the field, being more geared toward healthcare. Thank you

The best are UT, Notre Dame , UNC, Wake Forest

CPA here- there is a shortage of CPAs, it doesn’t matter where you go to school as long as it is accredited and maintained a GPA of a 3.4 or above. Big 4 firms recruit at many schools, including Towson, Salisbury, JMU

NP. Question for you. College junior was a finance major with econ minor and just recently added a double major with accounting and dropped econ, in part due to fears of not finding work in finance. Doesn't yet have an internship lined up for next summer. I don't know how he plans to approach this, but I'm assuming he really needs to choose at this point between seeking a finance internship vs an accounting internship?

CPA again- Did your junior attend their schools career day? Where did they apply? Did they get interviews. My now senior accounting major applied at the big 4 last September, got offers by early October and accepted before Halloween.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:any recommendation for good colleges for accounting major? Does name recognition matter for internships/jobs? DD is somewhat interested but we are not very familiar with the field, being more geared toward healthcare. Thank you

The best are UT, Notre Dame , UNC, Wake Forest

CPA here- there is a shortage of CPAs, it doesn’t matter where you go to school as long as it is accredited and maintained a GPA of a 3.4 or above. Big 4 firms recruit at many schools, including Towson, Salisbury, JMU

Yep, I was an accounting major at JMU and pretty much everyone who wasn't a deadbeat went Big 4 (or at least could have if they wanted to...obviously some who weren't interested in that path)

[Anonymous]

Anonymous wrote:

Anonymous wrote:
CPA here- there is a shortage of CPAs, it doesn’t matter where you go to school as long as it is accredited and maintained a GPA of a 3.4 or above. Big 4 firms recruit at many schools, including Towson, Salisbury, JMU

+1. Big 4 , regional Accounting firms, corporations and small companies are all having a hard time hiring trained, educated Accountants.
And due to the shortage, salaries across the industry are starting to increase meaningfully.
Kids- major in Accounting! You will always, always have a good job.
-Sr. Accounting, Finance Exec

Are advances in artificial intelligence a concern for accountants? It seems very likely that AI will be able do most of what accountants do.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:any recommendation for good colleges for accounting major? Does name recognition matter for internships/jobs? DD is somewhat interested but we are not very familiar with the field, being more geared toward healthcare. Thank you

The best are UT, Notre Dame , UNC, Wake Forest

CPA here- there is a shortage of CPAs, it doesn’t matter where you go to school as long as it is accredited and maintained a GPA of a 3.4 or above. Big 4 firms recruit at many schools, including Towson, Salisbury, JMU

NP. Question for you. College junior was a finance major with econ minor and just recently added a double major with accounting and dropped econ, in part due to fears of not finding work in finance. Doesn't yet have an internship lined up for next summer. I don't know how he plans to approach this, but I'm assuming he really needs to choose at this point between seeking a finance internship vs an accounting internship?

CPA again- Did your junior attend their schools career day? Where did they apply? Did they get interviews. My now senior accounting major applied at the big 4 last September, got offers by early October and accepted before Halloween.

Thanks. Had some interviews for finance but I haven't heard updates on where that process stands. Just added accounting officially as a major the other day.

[Anonymous]

Anonymous wrote:Wonder why so few people consider accounting as a major and focus only on CS, etc.

Its a great field.. lots of jobs and tremendous location mobility...

It's not sexy, that's all. An average person's idea of an accountant is someone who did their parents' taxes. They don't realize that most CFOs have a CPA background.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
CPA here- there is a shortage of CPAs, it doesn’t matter where you go to school as long as it is accredited and maintained a GPA of a 3.4 or above. Big 4 firms recruit at many schools, including Towson, Salisbury, JMU

+1. Big 4 , regional Accounting firms, corporations and small companies are all having a hard time hiring trained, educated Accountants.
And due to the shortage, salaries across the industry are starting to increase meaningfully.
Kids- major in Accounting! You will always, always have a good job.
-Sr. Accounting, Finance Exec

Are advances in artificial intelligence a concern for accountants? It seems very likely that AI will be able do most of what accountants do.

It is a concern for people who do basic taxes and compile various reports.

It is less of a concern for those working on more advanced stuff e.g. capital optimization or interpreting new regulations.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:any recommendation for good colleges for accounting major? Does name recognition matter for internships/jobs? DD is somewhat interested but we are not very familiar with the field, being more geared toward healthcare. Thank you

The best are UT, Notre Dame , UNC, Wake Forest

CPA here- there is a shortage of CPAs, it doesn’t matter where you go to school as long as it is accredited and maintained a GPA of a 3.4 or above. Big 4 firms recruit at many schools, including Towson, Salisbury, JMU

NP. Question for you. College junior was a finance major with econ minor and just recently added a double major with accounting and dropped econ, in part due to fears of not finding work in finance. Doesn't yet have an internship lined up for next summer. I don't know how he plans to approach this, but I'm assuming he really needs to choose at this point between seeking a finance internship vs an accounting internship?

CPA again- Did your junior attend their schools career day? Where did they apply? Did they get interviews. My now senior accounting major applied at the big 4 last September, got offers by early October and accepted before Halloween.

Thanks. Had some interviews for finance but I haven't heard updates on where that process stands. Just added accounting officially as a major the other day.

NP. Does your junior have to take extra courses now that he added accounting as a major? Or already had some classes in accounting? Curious for my sophomore in case he decides on that route.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:any recommendation for good colleges for accounting major? Does name recognition matter for internships/jobs? DD is somewhat interested but we are not very familiar with the field, being more geared toward healthcare. Thank you

The best are UT, Notre Dame , UNC, Wake Forest

CPA here- there is a shortage of CPAs, it doesn’t matter where you go to school as long as it is accredited and maintained a GPA of a 3.4 or above. Big 4 firms recruit at many schools, including Towson, Salisbury, JMU

NP. Question for you. College junior was a finance major with econ minor and just recently added a double major with accounting and dropped econ, in part due to fears of not finding work in finance. Doesn't yet have an internship lined up for next summer. I don't know how he plans to approach this, but I'm assuming he really needs to choose at this point between seeking a finance internship vs an accounting internship?

CPA again- Did your junior attend their schools career day? Where did they apply? Did they get interviews. My now senior accounting major applied at the big 4 last September, got offers by early October and accepted before Halloween.

Thanks. Had some interviews for finance but I haven't heard updates on where that process stands. Just added accounting officially as a major the other day.

NP. Does your junior have to take extra courses now that he added accounting as a major? Or already had some classes in accounting? Curious for my sophomore in case he decides on that route.

I think he is in his second accounting course now. His business program requires seven specific accounting courses in addition to the rest of the business core classes. My understanding is that this is typical for an undergrad business program. The degree is BBA in Accounting.

There would be additional requirements to sit for the CPA exam. The CPAs here can speak more to that, as I think it depends on the state. At many universities, this may involve an additional year of school, perhaps as a Masters in Accounting.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:any recommendation for good colleges for accounting major? Does name recognition matter for internships/jobs? DD is somewhat interested but we are not very familiar with the field, being more geared toward healthcare. Thank you

The best are UT, Notre Dame , UNC, Wake Forest

CPA here- there is a shortage of CPAs, it doesn’t matter where you go to school as long as it is accredited and maintained a GPA of a 3.4 or above. Big 4 firms recruit at many schools, including Towson, Salisbury, JMU

NP. Question for you. College junior was a finance major with econ minor and just recently added a double major with accounting and dropped econ, in part due to fears of not finding work in finance. Doesn't yet have an internship lined up for next summer. I don't know how he plans to approach this, but I'm assuming he really needs to choose at this point between seeking a finance internship vs an accounting internship?

CPA again- Did your junior attend their schools career day? Where did they apply? Did they get interviews. My now senior accounting major applied at the big 4 last September, got offers by early October and accepted before Halloween.

Thanks. Had some interviews for finance but I haven't heard updates on where that process stands. Just added accounting officially as a major the other day.

NP. Does your junior have to take extra courses now that he added accounting as a major? Or already had some classes in accounting? Curious for my sophomore in case he decides on that route.

I think he is in his second accounting course now. His business program requires seven specific accounting courses in addition to the rest of the business core classes. My understanding is that this is typical for an undergrad business program. The degree is BBA in Accounting.

There would be additional requirements to sit for the CPA exam. The CPAs here can speak more to that, as I think it depends on the state. At many universities, this may involve an additional year of school, perhaps as a Masters in Accounting.

Sorry I could have worded this better. I meant that the accounting major within the business program requires seven specific accounting courses. One or more of those may overlap with the business core. I hope that makes sense. Generally, adding a double major within undergrad business may be less difficult than in, say, liberal arts, because business majors are often organized as having a heavy business-specific core and then 6-7 major specific courses, whereas liberal arts majors are typically organized as 10+ subject-specific courses. (At the universities I am familiar with, both undergrad business majors and liberal arts majors have similar or the same gen ed academic requirements in a variety of subjects.)

Check your sophomore's university website to see what they would require.